U.S. Senate To Pass Bill That Prevents Tech Companies From Using Favorable Searches

Share post:

U.S. lawmakers now have the necessary vote in the Senate to pass legislation that will prevent large technology companies from favoring their own companies in search results and other ways.

The bill aims to curtail the powers of four tech giants, Meta’s Facebook, Apple, Alphabet’s Google and Amazon. Democratic Senator Amy Klobuchar and Republican Senator Chuck Grassley, Republican, are the co-sponsors of the bill.

In the Senate, bills generally need the support of 60 senators to get debate and a vote on final passage.

The law has been heavily criticized by top tech companies, with Amazon declaring that the law “jeopardizes two of the things that American consumers love most about Amazon: the vast selection and low prices made possible by opening our store to third-party selling partners, and the promise of fast, free shipping through Amazon Prime.”

In a letter to the Senate, the U.S. Chamber of Commerce called the bill “misguided” and said it would “be an overhaul of the American economy, one sector at a time.”

Among the pro-technology groups opposed to the law are the Chamber of Progress, TechNet, and the Computer & Communications Industry Association.

The sources for this piece include an article in Reuters.

SUBSCRIBE NOW

Related articles

Target’s new AI is aimed at employees

Target is introducing a new generative artificial intelligence tool aimed at enhancing the efficiency of its store employees...

The good and the bad of AI generated code

Generative AI tools are transforming the coding landscape, making both skilled and novice developers more efficient. However, the...

VMWare revenue drops by $600 million but Broadcom assures investors growth plan is on track

In its first full quarter under Broadcom's ownership, VMware's revenue fell by $600 million, dropping to $2.7 billion....

Microsoft’s AI success may spell defeat for it’s climate goals

Microsoft's ambitious strides in AI technology are now posing a significant challenge to its own climate goals, as...

Become a member

New, Relevant Tech Stories. Our article selection is done by industry professionals. Our writers summarize them to give you the key takeaways